Sprouts Farmers Market (NASDAQ:SFM) Issues FY 2026 Earnings Guidance

Key Points

• Sprouts cut its FY 2026 outlook, forecasting EPS of $4.80 and revenue of $9.2 billion, below consensus estimates of $5.52 and $9.5 billion, respectively. Q4 EPS guidance is $0.47–$0.51.
• Recent quarterly results also fell slightly short of expectations, with EPS of $1.21 versus $1.22 expected and revenue of $2.30 billion versus $2.33 billion, although sales grew 4.7% year over year.
• Analyst sentiment has weakened and become divided: the consensus rating is Hold with a $67.92 price target, while several firms cut targets and Bank of America downgraded the stock to “underperform.” Shares opened at $48.00, near their 52-week low.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.800-4.800 for the period, compared to the consensus EPS estimate of 5.520. The company issued revenue guidance of $9.2 billion, compared to the consensus revenue estimate of $9.5 billion. Sprouts Farmers Market also updated its Q4 2026 guidance to 0.470-0.510 EPS.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reduced their target price on Sprouts Farmers Market from $84.00 to $77.00 and set a "hold" rating on the stock in a report on Friday, September 25th. Bank of America lowered Sprouts Farmers Market from a "buy" rating to an "underperform" rating and set a $47.00 price target for the company. in a research note on Thursday. Wells Fargo & Company reduced their price objective on Sprouts Farmers Market from $100.00 to $60.00 and set an "overweight" rating on the stock in a research note on Thursday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Monday, September 21st. Finally, Barclays decreased their price objective on Sprouts Farmers Market from $100.00 to $65.00 and set an "overweight" rating on the stock in a report on Thursday. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Sprouts Farmers Market presently has a consensus rating of "Hold" and a consensus price target of $67.92.

Sprouts Farmers Market Stock Performance

SFM stock opened at $48.00 on Friday. Sprouts Farmers Market has a 1-year low of $47.35 and a 1-year high of $94.89. The business has a 50-day moving average price of $70.26 and a 200 day moving average price of $76.45. The company has a market capitalization of $4.48 billion, a P/E ratio of 9.21, a PEG ratio of 1.58 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its earnings results on Wednesday, October 28th. The company reported $1.21 EPS for the quarter, missing analysts' consensus estimates of $1.22 by ($0.01). The business had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.33 billion. Sprouts Farmers Market had a net margin of 5.45% and a return on equity of 34.31%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the business posted $1.22 EPS. As a group, equities research analysts forecast that Sprouts Farmers Market will post 5.52 EPS for the current fiscal year.

Insider Buying and Selling at Sprouts Farmers Market

In related news, Director Joseph O'Leary sold 2,597 shares of the company's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares in the company, valued at $1,214,604.70. This represents a 15.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Jack Sinclair sold 10,788 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total transaction of $936,398.40. Following the transaction, the chief executive officer owned 269,980 shares of the company's stock, valued at approximately $23,434,264. This trade represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 46,041 shares of company stock valued at $3,460,383. Corporate insiders own 1.30% of the company's stock.

Key Sprouts Farmers Market News

Here are the key news stories impacting Sprouts Farmers Market this week:

• Positive Sentiment: JPMorgan and Wells Fargo maintained “overweight” ratings despite cutting their price targets to $58 and $60, respectively. Both targets imply meaningful upside from the current trading level, suggesting the analysts believe the selloff may be excessive. JPMorgan analyst action Wells Fargo analyst action
• Neutral Sentiment: Analyst opinion has become more divided. Bank of America downgraded SFM to “underperform” with a $47 target, while RBC Capital moved the stock to “sector perform.” The changes reflect reduced confidence in near-term execution but do not represent a unanimous bearish view. RBC analyst action
• Negative Sentiment: Third-quarter adjusted earnings were $1.21 per share versus the $1.22 consensus estimate, while revenue of $2.30 billion trailed expectations of $2.33 billion. Revenue still increased 4.7% year over year, but soft comparable sales and margin pressure weighed on profitability. SFM Q3 earnings miss
• Negative Sentiment: Management lowered its full-year 2026 outlook as the effects of the cyclospora food-safety incident continued to affect results. Analysts also characterized the company’s problems as potentially structural rather than cyclical, raising concerns about sustained traffic, sales growth and margins. Sprouts lowers 2026 outlook Analysts discuss structural concerns

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc NASDAQ: SFM is a specialty grocery retailer focused on fresh, natural and organic foods. Its stores offer a broad selection of fresh produce, meat and seafood, dairy products, bulk foods, vitamins and supplements, pantry staples, bakery items, deli products and prepared foods. The company emphasizes products that support healthy eating, including organic, plant-based and specialty-diet options.

Founded in 2002, Sprouts Farmers Market grew from its first store in Chandler, Arizona, into a national grocery chain.

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